Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is about the possible end to the 30-year mortgage……… and the last article discusses the fiscal policy drag on the U.S. economy.
- Why the 30-Year Mortgage Could Be Coming to an End (Brian O’Connell, TheStreet.com) The changes being discussed (bills proposed by Republicans) could produce another housing bubble (mini-bubble) followed by an even deeper home price collapse. Democrats have proposals which could also buoy home purchases in the near-term with uncertain longer-term effects. See also Mortgage Bill vs. Congress (Andrew Miga, The Street.com).
- Normal Aging or Disease? The Demarcation Fades (Al Rodbell, The Humanist) Hat tip to Rich Cason, Newsana.
- Old Economies Rise as Growing Markets Begin to Falter (Nathaniel Popper, New York Times, 14 August 2013) Hat tip to Chuck Miller. There is a good video with the artcle as well as the following graphs.
- Are We Headed to Mandatory Retirement Savings Accounts? (Gil Weinreich, ThinkAdvisor) A bill passed in California, and awaiting technical fixes, would provide self-funded pensions to workers without 401(k) plans.
- Wal-Mart Steals Human Life Value from Employees (Brantley Whitley, The Insurance Pro Blog) Hat tip to Roger Erickson. It’s called “Dead Peasant Insurance”.
- Sharing the benefits of Asia’s solar boom (Jeff Spross, Climate Spectator) Japan and China are pushing the world toward subsidy-free solar power.
- Time for Silver to Outshine Gold? (Ed McCarthy, ThinkAdvisor) “There are several reasons the humbler precious metal could be back in favor.”
- Obama’s 6 Retirement Changes (Ed Slott, Financial Planning)
- Insects: The future of food? Gizmag goes “taste buds on” with grubs, crickets and caterpillars (James Holloway, gizmag)
- Further fiscal drag poses risks to the US economy (Sober Look)
